Noam Chomsky joins DiEM25

The following was published in openDemocracy

“DiEM25’s Manifesto is a bold effort to reverse the damage and restore the promise,” says Chomsky.

CAMBRIDGE, MASSACHUSETTS, March 14, 2016– Distinguished American linguist, philosopher and political activist, Noam Chomsky, has officially endorsed DiEM25, the Democracy in Europe Movement launched last month by Greece’s former Finance Minister, Yanis Varoufakis.

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Lies, Damn Lies, and European Growth Statistics

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ATHENS – “Greece has at last returned to economic growth.” That was the official European Union storyline at the end of 2014. Alas, Greek voters, unimpressed by this rejoicing, ousted the incumbent government and, in January 2015, voted for a new administration in which I served as finance minister.

Last week, similarly celebratory reports emanated from Brussels heralding the “return to growth” in Cyprus, and contrasting this piece of “good” news to Greece’s “return to recession.” The message from the troika of European bailout lenders – the European Commission, the European Central Bank, and the International Monetary Fund – is loud and clear: “Do as we say, like Cyprus has done, and you will recover. Resist our policies, by electing people like Varoufakis, and you will suffer the consequences of further recession.”

Read more at https://www.project-syndicate.org/commentary/europe-real-national-income-mirage-by-yanis-varoufakis-2016-03#4iJEL4H7BWECpRpa.99

Lectio Magistralis: DEMOCRACY IN EUROPE – The Political Economics of an Epic Struggle. March 17, Torino, Italy

YANIS VAROUFAKIS has been appointed Professor Honoris Causa by the International University College di Torino. His Lectio Magistralis DEMOCRACY IN EUROPE, The Political Economics of an Epic Struggle will take place  on Thursday March 17, at 2:30 pm, in the Aula Magna at the Campus Einaudi of the Università di Torino,  Lungo Dora Siena 100.
The IUC Academic Council, on a proposal from the Academic Coordinator Professor Ugo Mattei, noted the opinion expressed by its members Professors Joseph Halevi and Jan Toporowski, unanimously confers upon Yanis Varoufakis the Honorary Professorship for the following reasons: Continue reading

Real vs Money Incomes – the one thing we need to understand during deflationary times (with an illustration from Greece and Cyprus)

deflation.jpgIn inflationary times, real income growth is always good news. However, in deflationary times, real income growth may well reflect a deepening recession (or even a depression). This is important to know lest deepening recession is presented as… economic recovery (as has been the EU’s wont in recent times).

How can real income growth reflect a deepening recession? Continue reading

Guardian Live | Europe, austerity and the threat to global stability with Yanis Varoufakis, Caroline Lucas & Tariq Ali

Screen Shot 2016-03-08 at 21.13.11.pngThursday 7 April 2016, 7pm–8.30pm, Emmanuel Centre, London, SW1P 3DW

Has the EU lost sight of its original purpose? Critics argue that agreements such as TTIP illustrate just how undemocratic the EU has become. Are weaker nations paying the debt of a financial crash which they did not cause? Has the EU been reduced to a vehicle for free market economics? Calls for more transparency in EU decision-making is nothing new. Yet, as we see the rise of continental euroscepticism and the EU becomes more fractured, is it time to reform?

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Is the finance sector fit for purpose? Public Lecture, in London (30/3), with John McDonnell MP & Anastasia Nesvetailova

YV & John McDonnellThis public lecture, convened and to be chaired by John McDonnell MP Shadow Chancellor, is aimed at informing the conversation about the finance sector. The event is part of a series of public events to widen the debate around economics in Britain and will offer the opportunity to hear from and put questions to the speakers on a range of economic issues.

Speakers: Yanis Varoufakis Former Finance Minister of Greece and Anastasia Nesvetailova Political Economy Research Centre, City Universit

DiEM Statement Condemning European Summit’s Preliminary Accord to Expel Refugees to Turkey

DIEM25, the Democracy in Europe Movement, strongly condemns the preliminary agreement reached during last night’s European Union Summit, according to which thousands of Syrian refugees will be returned to Turkey.

DiEM25 finds this agreement shameful and contrary to international laws and treaties, including the Charter of Fundamental Rights of the European Union (Art. 19, “Collective expulsions are prohibited”) and the International Convention on the Protection of the Rights of All Migrant Workers and Members of Their Families.

The mere tabling of such an agreement undermines further the integrity and soul of a Union that was once more confident in its espousal of humanism, its proclamation of solidarity, and its pursuit of shared prosperity.

If this agreement with Ankara is finalised, Europe will be sending a frightful message to the rest of the world: that men, women and children who managed to survive high seas and the horrors of war, regardless of their status or asylum eligibility, are not welcome in Europe.

We call upon Europeans and their elected representatives to overrule any and all attempts that would allow the EU to trade human lives and basic humanist principles for retrograde, narrow, nationalist interests.

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MY ‘ADVICE’ TO JEREMY CORBYN… AND GEORGE OSBORNE

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21/10/2016_Yanis Varoufakis

Britain’s Shadow Chancellor John McDonnell sits with Yanis Varoufakis in London, November 21, 2015. Varoufakis is engaging with Corbyn’s Labour and other U.K. parties.REUTERS/NEIL HALL

Much was made recently of the U.K.opposition leader Jeremy Corbyn’s statementthat I was helping his team “in some capacity.” George Osborne, for one, jumped at the opportunity to take a shot at Labour by mocking me, luxuriating visibly in my defeat in the hands of a despotic EU. Even David Cameron, not to be left out,added his own little quip.

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